REG - Minoan Group PLC - Completion of the Sale of Stewart Travel Limited
RNS Number : 4742DMinoan Group PLC10 October 2018Minoan Group Plc
("Minoan" or the "Company")
Completion of the Sale of Stewart Travel Limited
Following the passing of the resolution on Monday approving the sale of Stewart Travel Limited ("STL"), Minoan confirms that the sale has now been completed.
As required under the terms of the sale, Duncan Wilson will cease to be a director of Minoan with immediate effect. The Board would like to thank Duncan for his valuable contribution to the Group since his appointment and wish him every success with STL.
Christopher Egleton, Minoan Chairman, commented:
"Now that the sale of STL has been completed the Board is clear to concentrate on optimising the value of the Company's project in Crete for the benefit of shareholders and stakeholders".
Minoan Group Plc
Christopher Egleton
christopher.egleton@minoangroup.com
Bill Cole
william.cole@minoangroup.com
WH Ireland Limited
020 7220 1666
Adrian Hadden/Chris Viggor
Cornhill Capital Limited
020 7710 9610
Daniel Gee
Morgan Rossiter
020 3195 3240
Richard Morgan Evans
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDISEKLFBVBFZFBX
Recent news on Minoan
See all newsREG - Minoan Group PLC - Results for the year ended 31 October 2023
AnnouncementREG - Minoan Group PLC - Result of Annual General Meeting
AnnouncementREG - Minoan Group PLC - Update
AnnouncementREG - Minoan Group PLC - Issue of Shares
AnnouncementREG - Minoan Group PLC - Notice of Annual General Meeting
Announcement